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Transamerica Corporation. Bank of America, formerly known as the Bank of Italy, was founded in San Francisco, California, United States, on October 17, 1904, [1] by Amadeo Pietro Giannini. By 1945, it had grown by a branch banking strategy to become the world's largest commercial bank with 493 branches in California and assets totaling $5 billion.
Hugh L. McColl Jr. (born 18 June 1935) is a former business executive who was the CEO of NationsBank [1] and the former Chairman and the first CEO of Bank of America.Active in banking since around 1960, McColl was a driving force behind consolidating a series of progressively larger, mostly Southern banks, thrifts and financial institutions into a super-regional banking force, "the first ocean ...
Amadeo Pietro Giannini ( Italian pronunciation: [amaˈdɛːo ˈpjɛːtro dʒanˈniːni] ), also known as Amadeo Peter Giannini or A. P. Giannini (May 6, 1870 – June 3, 1949) was an American banker who founded the Bank of Italy, which eventually became Bank of America. Giannini is credited as the inventor of many modern banking practices.
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Banker. Years active. 1964–present. Children. 4, including Rufus Gifford. Charles K. Gifford (born November 8, 1942) is an American banker and businessman. He is the chairman emeritus of Bank of America, having served on its board of directors from 2004 to 2016. [1] [2]
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Bank of America’s net income fell to $6.89 billion, which was slightly better than expectations, while rising 3% from the first quarter. Its total revenue of $25.37 billion rose slightly from a ...
Ken Lewis (executive) Kenneth D. Lewis (born April 9, 1947) is the former CEO, president, and chairman of Bank of America, currently the second largest bank in the United States [ 1] and twelfth largest by total assets in the world. [ 2] While CEO of Bank of America, Lewis was noted for purchasing the failing companies Countrywide Financial and ...